NB 506
April 24, 2007
SAINT JOHN (CNB) - Efficiency NB will be up and running with its energy efficiency program for large industry this summer, Energy Minister Jack Keir, announced today.
(Multimedia)
The minister released details on the program that will assist New Brunswick's 40 largest energy users to reduce their energy intensity.
"As a result of a productive consultation with a cross-section of New Brunswick industries, Efficiency NB was able to move quickly to identify industry priorities for program development," Keir said. "Efficiency NB will be taking a custom solutions approach, focused on the energy efficiency priorities of individual eligible industrial facilities."
Efficiency NB's $4 million in industrial program funding, the beginning of a multi-year funding commitment, is designed to help accelerate investments by industry in energy-reducing practices and new equipment that will lower their energy intensity, allowing them to better manage their energy costs in the long-term while improving their competitiveness.
In developing this program, Efficiency NB will be adopting a targeted account management approach built on a close working relationship with individual industrial facilities in order to implement custom solutions to match the best energy efficiency opportunities of individual companies.
Financial incentives will focus on, but not be restricted to: opportunity identification; building capacity at the plant level by providing plant specific training and support for improved technical and management best practices; business case development for energy efficiency projects; sub-metering; and on a project by project basis, additional funding to help strategic projects meet company return on investment targets.
Companies participating in Efficiency NB's industrial program may also be eligible for financial assistance such as loans, loan guarantees, and/or strategic assistance from Business New Brunswick.
Keir noted that Efficiency NB was able to accelerate its program development because of work initially done last year by the Canadian Manufacturers and Exporters Association in its study of the energy efficiency potential for large industry. "That study identified a number of significant and successful efforts taken by industry leaders in the province," he said. "We want to build on that impressive record of success.
"With its Industrial Program, Efficiency NB is continuing to build on its successful record of innovative energy efficiency initiatives. Today's announcement represents a unique opportunity for New Brunswick's largest energy users to make sound investments to reduce their energy intensity - providing reduced costs for industry and a more secure energy future for the province."
Elizabeth Weir, president and CEO of Efficiency NB, noted that while program details were presently being finalized in order to be fully operational by this summer, industrial companies could contact the agency right away for any additional information or advice.
Additional information about the programs offered by Efficiency NB is available through:
* Efficiency NB toll free line 1-866-643-8833
* Efficiency NB online http://www.efficiencynb.ca
07/04/24
MEDIA CONTACT: Janelle Shillington, marketing and communications director, Efficiency NB, 1-506-643-7826.
07/04/24
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment